NU Online News Service, Dec. 16, 2004, 6:10 p.m. EST
The U.S. life insurance market may be cooling off.[@@]
The MIB Group Inc., Westwood, Mass., says North American life insurers checked 4.7% fewer life insurance applications in November than they checked in November 2003.
Strong demand by applicants over age 59 often stabilizes the U.S. activity level, but even demand from older applicants was weak in November, MIB says.